State Borrowings of the Russian Federation
Federal government borrowings of the Russian Federation - federal government loans carried out by issuing federal securities in the name of the Russian Federation, and loans attracted from other budgets of the Russian Federation budget system, credit institutions, foreign states, including targeted foreign loans (borrowings), international financial organizations, other subjects of international law, foreign legal entities, with respect to which liabilities arise obligations of the Russian Federation1.
Federal Law No. 63-FZ of April 26, 2007, "On Amending the Budget Code of the Russian Federation in Respect of Regulation of the Budget Process and Bringing Certain Legislative Acts of the Russian Federation into Conformity with the Budget Legislation of the Russian Federation," as amended on July 29, 2017, Article 1, Paragraph 1#43 // Official Gazette of the Russian Federation. 2007. No. 18. Item 2117. ↩